Tradingwithtamil

SUNTV: WILL THE MEDIA BREAK TRP?-BULLISH

Short
Tradingwithtamil Updated   
NSE:SUNTV   SUN TV NETWORK LTD
Hi traders,

In the forex market, most of the traders focus on a currency pairs to stay away from volatility.
But good traders look for opportunities from trash too.

The pair SUNTV, the media was known all over the globe. So, volatile of the price range is less.

In the chart, the market printing price range around 786.75.

At the point 761.65, the market printed an impulse and reversed the trend from the downfall and gave some stability to the price range.

After that formation, it executes a correction structure and brought the price range to mean.

From this range, we can expect a hike. So buying in this price zone have a chance to add profit.

If anything went wrong, end the trade at previous support 762.85.


SIGNAL SPECIFICATION:

Pair: SUNTV

Order: BUY

Entry: 786.75

Take profit: 837.60

Stop loss: 762.85

Risk Vs Reward: 2.13

Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.

Note: Everything works with Best money management.

Note: Please leave comments for any query.

Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.

Best
Forextamil
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Trade closed: stop reached:
Efficient and consistency decide the trader's success.

Eliminate the trade when that not in expected direction.

Stop loss hit quit the trade (23 pips down).


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